Financial Daily from THE HINDU group of publications
Sunday, September 29, 2002

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Tatas may stay with Haldia Petro
THE Tatas are likely to continue their association with Haldia Petrochemicals Ltd (HPL), a venture from which they had wanted to exit. Information gathered from sources within the industry as well as the company indicated that the efforts of ... More

Labour reforms before Budget session: PM
THE Prime Minister, Mr Atal Bihari Vajpayee, today said that the Centre was seeking to implement the recommendations of the Second Labour Commission by the Budget session of Parliament next year. Towards this end, it would hold deliberations ... More

Centurion posts Rs 162-crore loss on write-offs, provisions
CENTURION Bank Ltd, facing capital crunch, today reported a huge net loss of Rs 161.84 crore for the year ended March 31,2002. The private sector bank had posted a profit of Rs 7.02 crore in the previous financial year. "The losses incurred ... More

Cadila Health to set up shop in US, Brazil
AHMEDABAD-BASED Cadila Healthcare is planning to set up associate companies in the US and Brazil. In a notification to the BSE, the company said that a new company will be formed in the name of `Zydus Healthcare Brasil Limitada' in Brazil. ... More

Positra SEZ not scrapped
FOR those who have been busy writing the obituary of the Rs 6,000-crore Special Economic Zone at Positra, it appears that they may have jumped the gun a little bit. Mr Nikhil Gandhi, Chairman of Sea King Infrastructure Ltd, told Business ... More

Diesel, petrol prices may be hiked again
THE retail price of diesel is likely to be raised by around 50 paise per litre on October 1 owing to the rise in international crude prices over the past month. In the case of petrol, the increase is likely to be around 20 paise per ... More

A `challenging' business
NEW businesses have a long way to go even after the entrepreneur has drawn up a business plan. The first hurdle is the mass of bureaucratic and legal procedures to incorporate and register the new firm. A recent study, called `Doing business' ... More

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